Supreme Power Equipment Ltd IPO |
Registered Office:
55 SIDCO Industrial Estate,Thirumazhisai Tiruvallur
,
Poonamalle
-
600124
,
Tamil Nadu
, India.
Phone :
+91 44 2681 1221 Fax:
Email : cs@supremepower.in
Website : www.supremepower.in
|
| Initial public offering up to 71,80,000 equity shares of (Rs)10/- each ("Equity Shares") of Supreme Power Equipment Limited ("SPEL" or the "Company") for cash at a price of (Rs)65/- per equity share (the "Issue Price"), aggregating to (Rs)46.67 crores ("The Issue"). Out of the issue, 9,32,000 equity shares aggregating to (Rs)6.06 crores will be reserved for subscription by market maker ("Market Maker Reservation Pportion"). The issue less the market maker reservation portion i.e. issue of 62,48,000 equity shares of face value of (Rs)10/- each at an issue price of (Rs)65/- per equity share aggregating to (Rs)40.61 crores is hereinafter referred to as the "Net Issue". The issue and the net issue will constitute 28.73% and 25.00%, respectively of the post issue paid up equity share capital of the company.
The face value of the equity shares is (Rs)10/- each and the floor price and cap price are 6.1 times and 6.5 times of the face value of the equity shares, respectively.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 21-Dec-23 |
26-Dec-23 |
(Rs)65.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :2000 Further Multiples of :2000 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
43.92 |
| Narnolia Financial Services Ltd |
|
| Project Financed through Current Offer |
46.67 |
|
| Post Issue Equity Share Capital |
24.99 |
|
| Issue Price |
(Rs)65.00 |
|
|